Budget collection to be on schedule

30/11/2016 10:40

State budget collection will be completed in accordance with the yearly estimate set by the National Assembly, Deputy Finance Minister Huynh Quang Hai said at the Government’s regular metering on November 29.

Budget collection to be on schedule ảnh 1

Illustrative image (Source: VNA)

Hanoi (VNA) – State budget collection will be completed in accordance with the yearly estimate set by the National Assembly, Deputy Finance Minister Huynh Quang Hai said at the Government’s regular metering on November 29.

According to the deputy minister, the rate of State budget collection in the first 11 months of this year fulfilled 89.8 percent of the estimate, up 6.3 percent against the same period last year.

The Ministry of Finance will work with relevant ministries and sectors to address difficulties and promote production, thus increasing the rate of budget collection.

Inspection work will be intensified to prevent fraud, loss of revenue and cut down budget spending, towards balancing the State budget, Hai added.

Regarding public expenditure for State officials’ travel, Hai said the ministry is working to consult about modifying regulations related to public cars, aiming to apply fixed expenditures and reduce the number of public cars.-VNA

VNA

#Budget collection #Huynh Quang Hai #Government's regular meeting